An Assessment of Effects of Working Capital Management on Financial Performance in Security Services Companies: A Case of G4s Kenya Limited

dc.contributor.authorSing’ombe, Jacqueline Kerubo
dc.date.accessioned2024-10-14T06:59:37Z
dc.date.available2024-10-14T06:59:37Z
dc.date.issued2017-05
dc.descriptionMASTER OF BUSINESS ADMINISTRATION in Finance
dc.description.abstractWorking capital management is fundamental in any given organization. Companies can improve on their overall performance by maintaining an optimal level of working capital that accurately balances liquidity and profitability. The study was an assessment of effects of working capital management on financial performance in security services companies: A case of G4S Kenya Limited. The study was aimed at establishing the effects of accounts receivable period on financial performance in security services companies; to determine effects of accounts payable period on financial performance in security services companies; to examine the effects of inventory conversion period on financial performance of security services companies; and to assess the effects of cash conversion cycle period on financial performance of security services companies. Stratified random sampling method was employed to select a sample size of 62 from the various categories. Data analysis was carried out after data was collected by use of questionnaires, correlation and regression analysis. Data analysis was done using Statistical Package for Social Science version 21. From the findings of the study, a positive link between the accounts receivable and financial performance was established; a negative relationship between period of accounts payable and financial performance was determined; a negative relationship between inventory conversion period and financial performance was found and an inverse relationship between cash conversion cycle period and financial performance was recognized. Consequently, conclusion made was effective management of accounts receivables, accounts payables, inventory and a negative cash conversion cycle increased the financial performance of the company.
dc.description.sponsorshipDaystar University, School of Business and Economics
dc.identifier.citationSing’ombe, J. K. (2017). An Assessment of Effects of Working Capital Management on Financial Performance in Security Services Companies: A Case of G4s Kenya Limited. Daystar University, School of Business and Economics
dc.identifier.urihttps://repository.daystar.ac.ke/handle/123456789/5401
dc.language.isoen
dc.publisherDaystar University, School of Business and Economics
dc.subjectcapital management
dc.subjectfinancial performance
dc.subjectG4S Kenya Limited.
dc.titleAn Assessment of Effects of Working Capital Management on Financial Performance in Security Services Companies: A Case of G4s Kenya Limited
dc.typeThesis

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